Business & Finance
Europe could gain €140bn from ocean energy by 2050, study suggests
ETIP Ocean has released results from the Gross Value Added (GVA) study stating that there is a significant benefit to be generated by supply chain activity servicing global (European and non-European) deployments of ocean energy to 2050.
Siemens to supply equipment for Equinor’s North Sea electrification project
Siemens Energy has won a contract from Aker Solutions to provide equipment for the electrification of Equinor’s Troll West project.
Nexans in export cable talks for ‘major’ UK offshore wind project
Nexans revealed on 10 September that the company had entered into exclusive negotiations for the supply and installation of both onshore and offshore export cables for an offshore wind project in the UK. The cable manufacturer has not disclosed any specifics about the project and its client, noting
GWEC expects record year in offshore wind installations
The Global Wind Energy Council (GWEC) expects 2021 to be the new record year for new offshore wind capacity installed globally. Last year, 6.1 GW of offshore wind capacity were installed globally, a slight decrease from a record 6.24 GW in 2019. With China’s offshore wind sector rushing to install 7
Maersk Training brings industry skills programme onshore
Maersk Training UK is launching its ‘industry skills’ programme of training onshore for the first time to support offshore and maritime operations.
Flex LNG to be listed on Oslo Børs
Norwegian pure-play LNG carrier company Flex LNG will be included in the Oslo Stock Exchange (Oslo Børs).
Equinor gearing up for North Sea well duo
The Norwegian Petroleum Directorate (NPD) has granted Equinor a drilling permit for a wildcat and an appraisal well in the North Sea.
ABB, Aker Solutions join forces on offshore wind
ABB and Aker Solutions have added offshore wind to a strategic alliance agreement the two companies signed in 2016 for seabed solutions for oil and gas. The updated agreement, which now also includes offshore fish farming, covers electrical and control for seabed solutions and offshore wind, power-f
Giant heavy lift vessel removes North Sea platform for Ithaca
Ithaca Energy has started decommissioning operations at a field located in the UK sector of the North Sea, using a giant heavy lift vessel.
Vår Energi granted permit to drill Barents Sea wildcat
The Norwegian Petroleum Directorate (NPD) has granted Vår Energi a drilling permit for a wildcat well located in the Barents Sea off Norway.
Noreco enters CCS project in Danish North Sea
Noreco has entered into a CCS partnership with Ørsted and DTU together with partners in the DUC on progressing CCS in the Danish North Sea.
Nova Innovation secures £6.4M for mass manufacturing and distribution of tidal energy turbines
Tidal energy company Nova Innovation has secured £6.4 million from the Scottish National Investment Bank to fund mass manufacturing and distribution of its innovative tidal energy turbines.
New CEO to lead Peterson from 2022
Peterson has revealed that Sarah Moore will succeed Erwin Kooij as CEO, following his retirement from the business on 1 January 2022.
Shell and Kongsberg in pact for digital transformation of wells
Shell and Kongsberg have entered into a strategic partnership agreement to collaborate and accelerate digital solutions and transformation.